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Dec 26, 2012
12/12
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it is on the back of sandy. it's moving into the materials and industrials. >> weiss, the rlx hit a historic high in early december. gap down, abercrombie down ralph lauren down. even though i called you my wife. >> i was going to let that go. i was assuming you were talking to pete. in macy's, i've been losing money. the stocks are extremely cheap. a lot of the retailers are cheap, but you can't ignore the data. there's been no reason to really feel good about retail except for the housing market. discount the employment numbers because of participation rate. i'm with joe. i think you have to take the money off because the next move that's going to be in the market is going to be in the cyclical stocks if you get a deal on the fiscal cliff. if not, then retail goes worse. we analyzed this last week and said there's big drag. >> so, doc, is the trade the prudent trade you have to take some money off the table in the retail space? the consumer, the data has shown to be good and then you get holiday numbers from m
it is on the back of sandy. it's moving into the materials and industrials. >> weiss, the rlx hit a historic high in early december. gap down, abercrombie down ralph lauren down. even though i called you my wife. >> i was going to let that go. i was assuming you were talking to pete. in macy's, i've been losing money. the stocks are extremely cheap. a lot of the retailers are cheap, but you can't ignore the data. there's been no reason to really feel good about retail except for the...
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Dec 26, 2012
12/12
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really the season tripped coming out of the starting gate with hurricane sandy. the impact in the northeast and mid-atlantic, both those regions of the country actually had negative holiday seasons for the holiday-related sectors that we track. other areas of the country that were not impacted by significant weather in the southeast, south central, mountain and west, were up 2% to 4% year over year. so really depended on where you were in the country, how but during the holiday season. >> okay. that's definitely interesting to look at, the regional breakdown. i also want to talk about promotions. every year we see the promotions start, it seems, earlier, and discounts are a little deeper. at the end of the day when we're tabulating these numbers, are deep discounts really the way to go, or does it end up hurting the retailers in the end? >> i think a couple of events, the weakness in the first part of november did spur some additional discounting in november. and that did seem to be effective in generating sales growth in the second half of november. that was rel
really the season tripped coming out of the starting gate with hurricane sandy. the impact in the northeast and mid-atlantic, both those regions of the country actually had negative holiday seasons for the holiday-related sectors that we track. other areas of the country that were not impacted by significant weather in the southeast, south central, mountain and west, were up 2% to 4% year over year. so really depended on where you were in the country, how but during the holiday season. >>...
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Dec 26, 2012
12/12
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now, sandy was another issue. 16% of consumers in the northeast said that sandy impacted them. so that is a significant fark tor. the other issue is, luxury was impacted because this year corporate america held fewer christmas parties than in the past, because they didn't want to be able to broadcast their largess and all their activities. keep in mind, 40% of retailers driven by the corporate christmas parties, when they were cut back, it affected the shoppers who were buying the holiday dresses and jewelry. >> so is this -- i mean, if you're looking for the true source of pain here, brit, in the trade, is it discounters? is it luxury? where are we going to notice this miss the most? >> well, what happened this year is, before the season started, 74% of consumers said they were redig to avoid their credit cards as much as possible. so when you look at the winners this christmas, you look at walmart, you look at sam's, you look at big lots, you look at amazon, and look at the people that really did well this christmas, you know, and dollar tree, think about that. you've got a d
now, sandy was another issue. 16% of consumers in the northeast said that sandy impacted them. so that is a significant fark tor. the other issue is, luxury was impacted because this year corporate america held fewer christmas parties than in the past, because they didn't want to be able to broadcast their largess and all their activities. keep in mind, 40% of retailers driven by the corporate christmas parties, when they were cut back, it affected the shoppers who were buying the holiday...
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Dec 24, 2012
12/12
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sandy certainly had an impact. we're talking about 5 to $10 million. in the case of priceline, we're looking for 25% to 30% growth. very strong. we're seeing issues more on the hotel side of the coverage, say marriott or starwood. we're seeing relatively cautious tone in terms of corporate travel demand. >> how does -- let's say the likes of a marriott or starwood, let's say they discount their rooms. how does that impact the margins over a priceline or expedia? do they impact them at all so only the hotel stocks feel that? >> it does impact them. they take the rate and get paid a percentage off the top. expedia, priceline, isn't setting the rate. ultimately it would be a good thing if you have demand stepping up because you see discounting in the channel. oftentimes the leader traveler is going to benefit if there's weak corporate demand because the big chains will discount to fill in the rooms with the leisure traveler. >> jay, we talk about the fiscal cliff impact and nobody knows how that story's going to turn out. if taxes do elevate in the new ye
sandy certainly had an impact. we're talking about 5 to $10 million. in the case of priceline, we're looking for 25% to 30% growth. very strong. we're seeing issues more on the hotel side of the coverage, say marriott or starwood. we're seeing relatively cautious tone in terms of corporate travel demand. >> how does -- let's say the likes of a marriott or starwood, let's say they discount their rooms. how does that impact the margins over a priceline or expedia? do they impact them at all...
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Dec 29, 2012
12/12
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sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard anything in the last couple of hours that suggests to you that somehow by monday mitch mcconnell and harry reid will sing kumbaya, pass something in the senate that also passes the house? >> i'm not so sure they'll be sing kumbaya, but the real story today is that there's movement on capitol hill. reid and mcconnell come out of that white house meeting and they're ready to haggle over some differences. what i expect to come to the floor is what president obama's talking about a 250 threshold for rates, maybe an amt attached to it and maybe have unemployment attached to it, but that's it. that's what the
sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard...
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Dec 31, 2012
12/12
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it's mostly going to be about sandy relief money from the superstorm. the cliff will come up, but the source said we are not going over any potential deal because there isn't one and the senate hasn't acted yet. >> but even if they're intending to talk more about sandy relief, don't you think the fiscal cliff issue is going to kind of come up? >> of course it's going to come up, but my only point is the meeting -- that's not what the meeting is about. it's a further indication that -- from the house of representatives that they don't consider this thing ripe enough that they're going to bolt and move on it tonight. >> that'll please new jersey governor chris christie and governor cuomo of new york. but you don't think that's a head fake to try and lower expectations? or not to raise them needlessly on the fiscal cliff? >> look. >> we sound skeptical, don't we? >> yes. but we're not that far from 5:00. and we're not that far from midnight. knowing the way the senate acts, the fact the senate leaders have not announced a deal. i don't think it's a trech t
it's mostly going to be about sandy relief money from the superstorm. the cliff will come up, but the source said we are not going over any potential deal because there isn't one and the senate hasn't acted yet. >> but even if they're intending to talk more about sandy relief, don't you think the fiscal cliff issue is going to kind of come up? >> of course it's going to come up, but my only point is the meeting -- that's not what the meeting is about. it's a further indication that...
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Dec 26, 2012
12/12
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and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the four horsemen and apocalypse. i have to agree with him and there's really not a lot of time left. today was going to be a very, very big day, bases where it's not being snow affected. i think you'll see a strong performance. i know i was tough, the biggest deal. the fiscal cliff killed us. retailers went deep on profession and they said, no. i thrill city nyse's will be bert. >> do you think it's getting better in 2013, bert? >> 2013 starts the retail ice age and maybe the 500 to 1,000-day retail recession. shopping centers, malls-based, starting to refinance some of them will create record vak kiss on the laws. >> which stocks specifically are going to suffer in
and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the four horsemen and apocalypse. i have to agree with him and...
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Dec 27, 2012
12/12
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it's not all on sandy. >> depends how you read that metric. when the story is finally told, not .7%, somewhere higher than that. m moo. >> maybe it will. it's not all sandy, people cutting back already, whether military families cutting back dramatically because of sequestration or people who work at defense contractors out of jobs. there's a lot of bad heading our way. to josh's point, people will still send their kids to school and still go shopping but everybody is going to cut back how they shop. they will be trading down, judge, i think. and these idiots from harry reid to the president on top and john boehner included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the early part of 2013 -- >> i
it's not all on sandy. >> depends how you read that metric. when the story is finally told, not .7%, somewhere higher than that. m moo. >> maybe it will. it's not all sandy, people cutting back already, whether military families cutting back dramatically because of sequestration or people who work at defense contractors out of jobs. there's a lot of bad heading our way. to josh's point, people will still send their kids to school and still go shopping but everybody is going to cut...
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Dec 26, 2012
12/12
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would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very, very strong traffic levels. any time we have weather this year, there will be a head wind and when we have the kind of weather we're seeing today, that will be a significant head wind. i think the fact that mastercard and sharper track pulled back their numbers doesn't bode well for the rest of the year because now of course we're up against it and we're looking at some really significant weather on a big shopping day today and then also tomorrow. >> does that show up in better numbers for online retail? >> i think in principle, yes. i think there will be more people actually shopping today online than t
would you put this mainly down to the fiscal cliff worries, to the aftermath of hurricane sandy, or to weather? >> i think all of the above. i think the fact that we have this sort of fiscal cliff overhang is sort of pulling back people from spending money but i think the weather has a huge impact on it and i think one of the big things to look at is the comparison to last year. last year there was no weather. it was abnormally warm, one of the warmest decembers on record. we had very,...
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Dec 27, 2012
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you have sandy. the weather hasn't been cooperating. so, there's some real consumer downturn as well. >> and what are you able to tell us about the decisions that your clients are making with you? you are trading leases all the time, presumably, all the big, high-street names. is there optimism? what are the leases you are signing at the moment, higher than lower than perhaps we had six months or a year ago? >> the national retailers continue to be very optimistic about the next couple of years. we are in a recovery, not with sa standing that the fiscal cliff. i think most of the national retailers continue to be optimistic about where they are going the next couple of years. lots of leases are being signed. store counts are being expanded. the retailers, in general, have stronger balance sheets and they are ready to grow again. hopefully, this will be just a temporary pause in terms of the fiscal situation. >> hey, david, i'm curious you when we are sitting here and just after the christmas holiday, what data point do you look to give
you have sandy. the weather hasn't been cooperating. so, there's some real consumer downturn as well. >> and what are you able to tell us about the decisions that your clients are making with you? you are trading leases all the time, presumably, all the big, high-street names. is there optimism? what are the leases you are signing at the moment, higher than lower than perhaps we had six months or a year ago? >> the national retailers continue to be very optimistic about the next...
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Jan 1, 2013
01/13
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man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> the basic concept of wall street... >> andrew madoff says he thought his father was a financial genius. there were suspicions about bernie madoff's remarkably consistent returns, but the s.e
man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the...
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Dec 31, 2012
12/12
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november was particularly strong, coming off the real devastation of sandy in october. we were hoping obviously to maintain that momentum going into december. we've been able to do that. as you note, champagne has been particularly strong. we see strength across a broad spectrum, not just in the champagne category, but in the high end spirits, in moderately priced good bordeaux wine from '09. so it's not just been, obviously, we're going to sell a lot of champagne in the last week getting ready for the holid holidays, but it's not just champagne. in the spirits category, notably at the higher end, higher in spirits like johnny walker blue have done immensely well. it's given us reason, i think, to be cautiously optimistic, still, going into the new year given that november and december have trended so strong for us. >>el with, chris, you know, it's interesting, maybe people, the money they once spent at the shopping mall now taking it to your stores and buying champagne and wine. i wonder when we talk about demand who your customer base is. are we talking about wall str
november was particularly strong, coming off the real devastation of sandy in october. we were hoping obviously to maintain that momentum going into december. we've been able to do that. as you note, champagne has been particularly strong. we see strength across a broad spectrum, not just in the champagne category, but in the high end spirits, in moderately priced good bordeaux wine from '09. so it's not just been, obviously, we're going to sell a lot of champagne in the last week getting ready...
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Dec 24, 2012
12/12
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and the continued after of courses of hurricane sandy, plus the dampened mood cast over the country by the recent school shootings in connecticut. >> what's on today's agenda for you to follow in the united states? there's no economic earnings starting to speak of on this christmas eve. the markets will be closing early with the nyse closing at 1:00 p.m. even, the cme at 1:15, nymex at 1:30 and the cme global index closes at 1:45 eastern so basically they can go shopping. now, u.s. markets were higher last week despite friday's lack of a deal on the fiscal cliff. the nax das was up by 1.7% and the s&p 500 by 1.2%. that may have been the santa claus rally. we're joined now by ben lichtenste lichtenstein. ben, if we look at futures this morning, looking negative. it doesn't look as though santa is going to visit on christmas eve. >> well, we have seen a significant santa rally. if you look at the lower levels we were trading at earlier. if you remember, we sold off with conviction to the downside in the s&p as we tested that 1340 level. recently, a strong rally off that level. but, reall
and the continued after of courses of hurricane sandy, plus the dampened mood cast over the country by the recent school shootings in connecticut. >> what's on today's agenda for you to follow in the united states? there's no economic earnings starting to speak of on this christmas eve. the markets will be closing early with the nyse closing at 1:00 p.m. even, the cme at 1:15, nymex at 1:30 and the cme global index closes at 1:45 eastern so basically they can go shopping. now, u.s....
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Jan 1, 2013
01/13
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man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. [ticking] >> the 20-year-old steve jobs returned to northern california after trekking through india for several months in 1974. with his friend steve wozniak, he started building and peddling a primitive computer for hobbyists. in 1976, with a $1,300 investment, they founded apple computer in his parents' garage. >> explain to me how somebody who was a hippie, a college dropout, somebody who drops l.s.d. and marijuana goes off to india and comes back deciding he wants to be a businessman. >> jobs has within him sort of this conflict, but he doesn't quite see it as a conflict, between being hippie-ish and antimaterialistic but wanting to sell things like wozniak's board, wanting to create a bu
man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. [ticking] >> the 20-year-old steve jobs returned to northern california after trekking through india for several months in...
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Dec 27, 2012
12/12
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there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr. president, that the speakers's number one goal is to get elected speaker on january 3rd. the house is not even here. he's told me it will give him two days to get back here, not two days, 48 hours. they don't even have enough of the leadership here to meet to talk about it. they have done it with conference calls. people are spread all over the country because the speaker is basically waiting for january aboutrd. now, the president campaigned on raising taxes on people making more than $250,000 a year. the bush era tax cuts will expire at the end of this year. obama was elected with a surplus of about 3 million v
there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr....
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Dec 24, 2012
12/12
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>> i think this season is so different because of superstorm sandy. so what we saw right after thanks giving is a snap back. we have seen solid demand as we get closer to christmas and new year's. there's no doubt on the back side of the events in late october with super storm. it was a slow demand period for jetblue and for the industry in the northeast. >> it has been a difficult few weeks for jet travel because of the weather. are operations back it normal at this point? have you been able to make up the lost time o or no, not yet? >> absolutely. operations are back to normal. we are operating a record level of flight activity. right in the mid 85% load factors. we have seen a nice rebound on the back side of the storm. >> what are bookings looking like going forward? how are you expecting the first half it play out? >> visibility is a little bit after question mark as we move into the future. we are cautiously optimistic. let's face it, a lot has to do with what happens in washington. decisions. it really is. it is not like we didn't see this comi
>> i think this season is so different because of superstorm sandy. so what we saw right after thanks giving is a snap back. we have seen solid demand as we get closer to christmas and new year's. there's no doubt on the back side of the events in late october with super storm. it was a slow demand period for jetblue and for the industry in the northeast. >> it has been a difficult few weeks for jet travel because of the weather. are operations back it normal at this point? have you...
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Dec 27, 2012
12/12
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a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first half of the year, the demand for products from michael kors do well. second half of the year is a different story and perhaps the turnaround of tiffany's to be the name for the second half. >> meantime, r.j., i think you would agree retail remembers scrambling right now because consumer confidence is plunging. three reports in a row that have been pretty dismal. >> yeah, i would agree. i think we're looking for a bit of a pullback in 2013, not onl
a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll...
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Dec 27, 2012
12/12
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new sales. 400,000 cars that were damaged over a period of time in the storms. 250,000 superstorm sandy here. 40,000 pounds of copper go into a car. housing has turned up a little bit. you have 400 pounds of copper in every new home at least, not even the commercial buildings. >> george -- >> that could being. >> -- would you say that gold is no longer a good safe haven? to me it's been acting like a risk asset and not a safe haven anymore. >> people don't understand what is meant by safe haven for gold. the gold prices is an economic and political barometer not of just the economy but political well-being of the world. there's another saber-rattling. korea firing rockets. you have problems in the middle east. you have major problems that we haven't seen lately because of fiscal cliff and the headlines from italy and spain and of course portugal and greece is not finished yet. >> right. >> so there's plenty of problems. we're going to return back to basics after the fiscal cliff. people will say, you know what, i do need some place to put my money. >> probably not in the backyard or und
new sales. 400,000 cars that were damaged over a period of time in the storms. 250,000 superstorm sandy here. 40,000 pounds of copper go into a car. housing has turned up a little bit. you have 400 pounds of copper in every new home at least, not even the commercial buildings. >> george -- >> that could being. >> -- would you say that gold is no longer a good safe haven? to me it's been acting like a risk asset and not a safe haven anymore. >> people don't understand...
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Dec 26, 2012
12/12
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we've had the european debt crisis, we've had, you know, we've had the elections, we've had super storm sandy, we've had so many events, fiscal clifr, of course, being rerated by s&p. >> but the number one thing we're not talking about is the fed. you have this unbelievable accommodating monetary policy and a signal from the fed they're going to continue that to the tune of a trillion dollars a year. so, that's why the things has been conventional. this has been anything but a conventional year. if you didn't have that level of stimulus, i think the market would have gone a little sideways this year. >> right. let's talk about the big trades in today's session, from trash to treasure. can some of 2012's biggest losers be the best bets for 2013. this is, in fact, what we saw in today's session. these are some of the worst performers of the year, but in today's market, today's session, they actually led the markets. research in motion was a head scratcher of a move. >> the research in motion is very interesting, because i thought the move was over last week when it had that, seemed to be a blow
we've had the european debt crisis, we've had, you know, we've had the elections, we've had super storm sandy, we've had so many events, fiscal clifr, of course, being rerated by s&p. >> but the number one thing we're not talking about is the fed. you have this unbelievable accommodating monetary policy and a signal from the fed they're going to continue that to the tune of a trillion dollars a year. so, that's why the things has been conventional. this has been anything but a...
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Dec 26, 2012
12/12
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among the reasons cited for the weaker numbers, superstorm sandy and consumer nervousness about tax hikes due to the fiscal cliff. we've had lots of conversation about whether not fiscal cliff would impact consumer sentiment. and apparently now it's actually hitting people in the wallet. let's talk about what's on the economic agenda today. one very important report to watch, standard and poor's releasing the case schiller index on october home sales at 9:00 eastern. it's a busy week for housing data. tomorrow we're going to be getting the commerce department which releases new home sales for november. then on friday, the national association of realtors, not realtors -- >> yeah. >> releases its spending. its pending home sales index for november. >> in other housing news, the obama administration is considering expanding its mortgage refinancing program to include borrowers whose mortgages are not backed by the government and who owe more than their homes are worth. "the journal" reports one proposal being considered would also transfer potentially riskier loans that are held by private
among the reasons cited for the weaker numbers, superstorm sandy and consumer nervousness about tax hikes due to the fiscal cliff. we've had lots of conversation about whether not fiscal cliff would impact consumer sentiment. and apparently now it's actually hitting people in the wallet. let's talk about what's on the economic agenda today. one very important report to watch, standard and poor's releasing the case schiller index on october home sales at 9:00 eastern. it's a busy week for...
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Dec 24, 2012
12/12
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you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind u
you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >>...
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Dec 28, 2012
12/12
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we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations -- >> but is the event a mini deal or is the mini deal a grand bargain? >> they'll come up with a mini deal. it's taken them this long to get here. how can we anticipate they'll get significant done. they'll get some sort of stopgap measure done and we'll see a little bit of stability. stop seeing all the negativity that's surrounding us. we're dead red here. >> gordon, if you recall that 2008 period, the market was going 400, 500, 600, a 60-point drop in the heat of the crisis. why is the equity market being relatively stable to that co
we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations --...
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Dec 27, 2012
12/12
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all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had the pro bowl. there was no excitement. there was no reason to come out shopping. so big bang, but it kind of waned as we went into the season. >> how much of the season is in the books now? i mean, what's still left to happen? >> there's a couple of big days still coming. i think this weekend is a big weekend as people redeem gift cards, go into the stores, exchange items for what they're looking for. hopefully get that add-on sale and people start to take advantage of the clearance sale, i would say, though, 95% of it is in the books. we've probably got some strong days ahead of us, though, that could move it
all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had...
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Dec 25, 2012
12/12
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a drought sending prices sky high. >> who can forget superstorm sandy? millions without power and damages as high as fifty billion dolla dollars. >> number five, is china leading the world. we do know that china will be the biggest leading. >> china. china. >> it's clear that china is a competitor and a partier. >> number four, europe. the european union was fractured by too much debt approximate the austerity plans to fix it. that saga is far from other. >> number three, the housing market finally bottomed out. low home prices and record low mortgage rates set off a building and buying spree. investors were buying neighborhoods and first time buyers were able to get a home of their own for the first time in years as long as they had a hefty down payment. >> and barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming but didn't bother to pay
a drought sending prices sky high. >> who can forget superstorm sandy? millions without power and damages as high as fifty billion dolla dollars. >> number five, is china leading the world. we do know that china will be the biggest leading. >> china. china. >> it's clear that china is a competitor and a partier. >> number four, europe. the european union was fractured by too much debt approximate the austerity plans to fix it. that saga is far from other. >>...
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Dec 28, 2012
12/12
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in the case of hurricane sandy, 1,000 websites were created within a week. so that gives you a sense of the scale of how these things can be. our concern is that the amount of oversight capacity of the government is quite limited and is shrinking while this kind of abuse seems to be steam rolling and there's more and more of it we see. especially this year when we had a number of tragedies. >> are authorities outnumbered or can they do something to stop this? >> they're definitely outnumbered. the ira and the state attorney generals offices have been long behind in keeping up with these things. now as government is shrinking, there's more of a problem. unfortunately, it requires the work of cnn and other reporters to bring to light, sometimes it's almost embarrassment that causes them to go forward. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. maybe it makes them afraid to donate. what do you say to them? >> for every horrible story, there's a great story and fantastic charities. westchester, connecticut, is
in the case of hurricane sandy, 1,000 websites were created within a week. so that gives you a sense of the scale of how these things can be. our concern is that the amount of oversight capacity of the government is quite limited and is shrinking while this kind of abuse seems to be steam rolling and there's more and more of it we see. especially this year when we had a number of tragedies. >> are authorities outnumbered or can they do something to stop this? >> they're definitely...
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Dec 26, 2012
12/12
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the presidential campaign. probably because it's pretty clear china is boast a competitor and a partner. >> number four, europe. the european union was frared by too much debt and the austerity plan to fix it. that saga is far from over. number three, the housing market, finally, finally bottomed out. the combination of low home prices and continued record-low mortgage rates set off a building and buying spree. well heeled investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years, as long as they had a hefty downpayment. >>
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the...
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Dec 26, 2012
12/12
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l pirti byewee o le3% to a f owfo t utestates. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest th
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l...
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Dec 26, 2012
12/12
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analysts are blaming hurricane sandy which hit just before the peak shopping season. folks are also a little more cautious about opening their wallets, concerned about tax hikes as we near this so-called fiscal cliff. >>> first, a tornado. now a blizzard warning. we'll break down the complex weather forecast next as part of the south starts to clean up after yesterday's storms. >> it is a wonderful school. i don't know what we're going to do with the kids when it is time to come back. this is a dangerous situation with all the roofs off, and the windows blown out. this is just devastating. can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. >>> if you're not dealing with weather issues now, count yourself as one of the lucky people in the country. this is indianapolis. you can see icy,
analysts are blaming hurricane sandy which hit just before the peak shopping season. folks are also a little more cautious about opening their wallets, concerned about tax hikes as we near this so-called fiscal cliff. >>> first, a tornado. now a blizzard warning. we'll break down the complex weather forecast next as part of the south starts to clean up after yesterday's storms. >> it is a wonderful school. i don't know what we're going to do with the kids when it is time to come...
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Dec 25, 2012
12/12
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meanwhile, near sandy hook elementary, a candlelight vigil is now under way. it began at midnight and will continue for 24 hours. volunteers, they're going to take half hour shifts to make sure that those candles keep burning. >>> u.s. troops spreading holiday cheer from overseas. up next, a look at how our military is marking the christmas holiday. >>> but first, a special message from a solgder serving in kuwait. >> i'm specialist ashley eady from third brigade. i want to give a shout out to my brother christopher mall lad stationed in alaska. i love you, merry christmas, and i miss you. 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announce
meanwhile, near sandy hook elementary, a candlelight vigil is now under way. it began at midnight and will continue for 24 hours. volunteers, they're going to take half hour shifts to make sure that those candles keep burning. >>> u.s. troops spreading holiday cheer from overseas. up next, a look at how our military is marking the christmas holiday. >>> but first, a special message from a solgder serving in kuwait. >> i'm specialist ashley eady from third brigade. i want...
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Dec 29, 2012
12/12
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at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey, the hardest hit states have estimated damages at more than $78 billion with a "b,". >>> the senate has approved a bill extending secret eavesdropping overseas. the measure's headed to president obama. he's expected to sign it. cnn's brian todd takes a closer look at this controversial foreign intelligence surveillance act. >> reporter: he ordered it just after 9/11, and it became one of the most controversial tactics used by former president george w. bush and his security team to fight the war on terror. the secret wiretapping without warrants of communications between u.s. residents and people overseas suspected of being terrorists. it drew fire because sometimes the communications of innocent americans got caught up. in 2008, the practice was authorized by congress but with limitations. a warrant is now required to target an american, including americans who are abroad. but it's still a hugely controversial program, and the senate's just ap
at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey, the hardest hit states have estimated damages at more than $78 billion with a "b,". >>> the senate has approved a bill extending secret eavesdropping overseas. the measure's headed to president obama. he's expected to sign it. cnn's brian todd takes a closer look at this controversial foreign intelligence surveillance act. >> reporter: he ordered it just...
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Dec 24, 2012
12/12
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. >>> he considers it a call of duty after the deadly shooting at sandy hook elementary school. a father and former marine decided to do what he could to keep his kids' school safe. he now spends his days standing guard outside the entrance. >> i'm doing this because we need hope, man. if you're able and capable of doing something, you have the responsibility to act. >> he made me feel good just to know that he stood up and did something to make us all feel better today. >> former marine, a dad, doing what's right, doing his duty. >>> hello, everyone. don lemon here, top of the hour. you're in the cnn "newsroom." >>> a senior navy s.e.a.l. officer dead in afghanistan. commander job w. price, leader of s.e.a.l. team 4 was found dead yesterday by members of his unit. the initial conclusion is that price committed suicide. the navy's investigating. stay with cnn for more details from our pentagon correspondent in just a minute. >>> more than 100 people were killed in syria today. civilians doing nothing more than waiting in line for bread. witnesses say a syrian military aircraft d
. >>> he considers it a call of duty after the deadly shooting at sandy hook elementary school. a father and former marine decided to do what he could to keep his kids' school safe. he now spends his days standing guard outside the entrance. >> i'm doing this because we need hope, man. if you're able and capable of doing something, you have the responsibility to act. >> he made me feel good just to know that he stood up and did something to make us all feel better today....
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Dec 24, 2012
12/12
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you mentioned super storm sandy. you saw the community start to come together. and once people start realizing that basic preparedness, emergency preparedness starts at the local level and then moves its way up to the federal level, then it's a whole different game that's out there, because people are less of a liability that way, because they do have some provisions in the time of need. >> you don't call it a bunker, but if something were to happen, how long will these supplies last? >> well, let's put it this way, depends on how many people are going to show up at our door. we have lots of friends that don't prepare. >> i know, i asked for your address, we were talking about the twilight zone, people with the bunker, let me in. >> i do recall that episode, but we have very good friends and they're the same way, i'm coming to your house. okay, come to my house. the question is, will you be able to get to my house. >> it depends on how many people come. if it's just your family, then a longer period of time. >> we're ready for ten people for two years. >> this g
you mentioned super storm sandy. you saw the community start to come together. and once people start realizing that basic preparedness, emergency preparedness starts at the local level and then moves its way up to the federal level, then it's a whole different game that's out there, because people are less of a liability that way, because they do have some provisions in the time of need. >> you don't call it a bunker, but if something were to happen, how long will these supplies last?...
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Dec 27, 2012
12/12
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senate. >>> it has been two months since hurricane sandy hit the northeast. but the relief bill is still stalled in the u.s. senate. that's called adding insult the injury. the superstorm damaged or destroyed 350,000 homes and knocked out power to 18 million people in 1 states and killed 132 merges. private citizens and businesses did that part to the tune of $300 million but that's not nearly enough. the governors of new york, new jersey and connecticut need nearly $80 billion in aid. that means the federal government. the president has called for a $60 billion recovery package and democrats have done just that but there is one problem, pork and a lot of it. is it larded up with a lot of non-sandy costs including $150 million for fisheries in alaska and $41 million for military bases including guantanamo bay and you can't get much further from the jersey shore. republicans refused the package and proposed a $24 billion alternative. it cuts $13 billion set aside to protect against future disasters. the solution should be simple, cut the pork and keep the reli
senate. >>> it has been two months since hurricane sandy hit the northeast. but the relief bill is still stalled in the u.s. senate. that's called adding insult the injury. the superstorm damaged or destroyed 350,000 homes and knocked out power to 18 million people in 1 states and killed 132 merges. private citizens and businesses did that part to the tune of $300 million but that's not nearly enough. the governors of new york, new jersey and connecticut need nearly $80 billion in aid....
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Dec 29, 2012
12/12
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. >> we've seen an outpouring from the community since sandy hook. in all manners. from, you know, teddy bears to cash. and i think this is part of it. i think people want to feel safe. >> reporter: for porter, a gun locked safely in his home ended up in the hands of his foster child, who he says then handed it over to a gang member. >> if that person would have done something to somebody else with that gun, it would have been falling back on me. and i'm 52 years old. i haven't had a criminal record all my life. >> reporter: police say that's how even legal guns can pose a danger. >> i don't know that we're ever going to be able to disarm every bad guy here. but what we're doing is we're taking away the possibility. we're taking away the chance for a bad guy to get another gun. >> reporter: porter says he got lucky. >> it did go into the wrong hands but i got it back, and it's getting destroyed now. >> reporter: and now he has a little more cash in his pocket. >> 75. >> all right, thank you. >> all right. david ariosis there in new york. so david, the real question
. >> we've seen an outpouring from the community since sandy hook. in all manners. from, you know, teddy bears to cash. and i think this is part of it. i think people want to feel safe. >> reporter: for porter, a gun locked safely in his home ended up in the hands of his foster child, who he says then handed it over to a gang member. >> if that person would have done something to somebody else with that gun, it would have been falling back on me. and i'm 52 years old. i...
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Dec 28, 2012
12/12
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i have me on my fantasy team. >>> many musicians jumped in to offer help after super storm sandy hit the northeast. there was an epic concert at madison square garden. take a look. ♪ but there were also many smaller benefits across the country, including some put on by two bands from tampa, sticks of fire and circle of four made up of high schoolers. the teens raised nearly $6,000 for a relief fund and did so to help many of those people who were hurt so badly during the super sto sup superstorm sandy. nicholas mcdonald and george pennington, thank you for coming in to see us. you guys are members of two bands, but you go to the same high school, right? >> yes. >> you live in tampa, florida, more than 1,100 miles away from the destruction here. what is it about what you saw on television and those images that made you want to help? >> mainly it was being from florida, we know all the issues that could happen with hurricanes. after seeing people losing their homes, i know how they feel about having all that heavy rain, all the storms going on. it's scary stuff. we were always the on
i have me on my fantasy team. >>> many musicians jumped in to offer help after super storm sandy hit the northeast. there was an epic concert at madison square garden. take a look. ♪ but there were also many smaller benefits across the country, including some put on by two bands from tampa, sticks of fire and circle of four made up of high schoolers. the teens raised nearly $6,000 for a relief fund and did so to help many of those people who were hurt so badly during the super sto...
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Dec 25, 2012
12/12
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. >> all of the effects of hurricane sandy already. >> sandy's carved a path of destruction across all along the ooirn seaboard. we can't fully secure the crane until the wind dies down. >> oh, my god. is there another story on this? gangnam style. >> honey boo boo. >> the shutting rolling down the streets of l.a. >> 1kw4r50i6r7b david petr gene >> syria has gone on for 20 -- >> these redline warnings talk? >> cnn projects barack obama will be re-elected president of the united states. >> terror at an elementary school in connecticut. >> 20 children dead. six adults are also dead. >> so our hearts are broken today. for the parents and grandparents, sisters and brothers of these little children. may god bless the memory of the victims. and in the words of -- heal the broken-hearted and bind up their wounds. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-s
. >> all of the effects of hurricane sandy already. >> sandy's carved a path of destruction across all along the ooirn seaboard. we can't fully secure the crane until the wind dies down. >> oh, my god. is there another story on this? gangnam style. >> honey boo boo. >> the shutting rolling down the streets of l.a. >> 1kw4r50i6r7b david petr gene >> syria has gone on for 20 -- >> these redline warnings talk? >> cnn projects barack obama will...
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Dec 26, 2012
12/12
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he found himself in a bit of hot water for making nice with president obama in the wake of hurricane sandy. >> 2.8 million people without power. i've watched these extraordinary scenes over new jersey today, really quite unprecedented. i've never seen anything quite like it. have you ever seen anything like this in your lifetime? >> no, i haven't. you know, you see sights like the seaside heights board walk where the program "the jersey shore" is filmed, the board walk is gone. it is gone. music rides, roller coaster ride, in the ocean. it's incredible. homes destroyed. it's an awful thing. >> you've taken charge, as you've always done in these situations, in a very impressive way. people have been surprised you've been so outspokenly supportive and praiseworthy to the president. i'm not surprised knowing you but explain to me why you were happy to do that so close to an election when some might say politically that wasn't the best thing to do. >> this is much more important than any election, piers. this is the livelihood of the people in my state. when the president does this evenings th
he found himself in a bit of hot water for making nice with president obama in the wake of hurricane sandy. >> 2.8 million people without power. i've watched these extraordinary scenes over new jersey today, really quite unprecedented. i've never seen anything quite like it. have you ever seen anything like this in your lifetime? >> no, i haven't. you know, you see sights like the seaside heights board walk where the program "the jersey shore" is filmed, the board walk is...
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Dec 29, 2012
12/12
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the senate has agreed to provide aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed a measure overing over $60 billion in help. it how heads to the house which must approve the bill by thursday or the frosz consider the money -- process to consider the money must start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey have estimated damages at over $78 billion. >>> the east coast getting ready for some more snow. new york will get a couple inches today while parts of connecticut and eastern massachusetts, they could see more snow by tonight. our bonnie schneider is monitoring the weather for us today. bonnie, how much snow is coming to the northeast? >>> it's -- it varies depending where you are. i'll tell you, outside at this very moment, we have big, white, fluffy flakes hitting washington, d.c. let's take a look. we can take you to the white house. look at that. the snow is coming down. heavy and hard. they're working hard over there. let's take a
the senate has agreed to provide aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed a measure overing over $60 billion in help. it how heads to the house which must approve the bill by thursday or the frosz consider the money -- process to consider the money must start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey have estimated damages at over $78 billion. >>> the east coast...
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Dec 31, 2012
12/12
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. >> new jersey governor chris christ christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race but some republicans think christie didn't have to be that -- >> if it's a legitimate rape, the female body has ways to shut that whole thing down. >> a combo team from the say what categories, richard murdouch of indiana and todd aiken. >> even when life begins in that horrible situation of rape, it is something that god swended to happen. >> dreams to take control of the senate in 2012 had dwindled throughout the year but aiken and murdoch pretty much shut that door in a couple of sentences. plan to prevent employers from hiring undocumented workers. >> people who have come here illegally won't be able to find work and over time those people would tend to leave the country or self deport. >> self deportation by undocumented workers was not by itself responsible for romney's dismal showing among hispanics, but certainly greased the skids. for which romney would have liked to have had aa mul
. >> new jersey governor chris christ christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race but some republicans think christie didn't have to be that -- >> if it's a legitimate rape, the female body has ways to shut that whole thing down. >> a combo team from the say what categories, richard murdouch of indiana and todd aiken. >> even when life begins in that...
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Dec 27, 2012
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this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a variety of factors. one of them including those record-low mortgage rates. we don't just talk about the depressing stuff. we have good news in the housing market. >> thanks so much. this just in to cnn. a shakeup in president obama's cabinet. lisa jackson for the environmental protection agency will step down from her post after the president's state of the union speech. she began in 1987 as a scientist. >>> talk back question for you today. will america ever come together on guns? your responses, next. ♪ if loving you is wrong ♪ i don't wanna be right [ record
this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a...
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Dec 30, 2012
12/12
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we make the sandy hook which was a tragedy a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds, the media's ghetto-ized these kids, these homicide victims, pushed them to the side. i'm not diminishing the others but i'm saying, president obama, show up at a funeral here in chicago once in a while, too. >> are these people being ghetto-ized? is it time for washington to act, even the president? we'll answer that next. lowest . and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> we make the sandy hook which was a tragedy a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds? the media's ghetto-ized these children, these hom
we make the sandy hook which was a tragedy a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds, the media's ghetto-ized these kids, these homicide victims, pushed them to the side. i'm not diminishing the others but i'm saying, president obama, show up at a funeral here in chicago once in a while, too. >> are these people being ghetto-ized? is it time for washington to act, even...
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Dec 30, 2012
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we make the sandy hook which was a tragedy a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds, the media's ghetto-ized these kids, these homicide victims, pushed them to the side. i'm not diminishing the others but i'm saying, president obama, show up at a funeral here in chicago once in a while, too. >> are these people being ghetto-ized? is it time for washington to act, even the president? we'll answer that next. >>> we make the sandy hook which was a tragedy a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds? the media's ghetto-ized these children, these homicide victims, pushed them to the side. i'm not diminishing the others. i'm just saying, president obama, show up at a funeral here in chicago once in a while, too. >> chicago columnist john kass there. we're talking about the milestone reached in the chicago that n
we make the sandy hook which was a tragedy a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds, the media's ghetto-ized these kids, these homicide victims, pushed them to the side. i'm not diminishing the others but i'm saying, president obama, show up at a funeral here in chicago once in a while, too. >> are these people being ghetto-ized? is it time for washington to act, even...